The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Wood And Paper Materials Manufacture Of Paper And Paper Products 17.1 - Manufacture of pulp, paper and paperboard
830 - 870 jobs Number of planned job losses
Announcement Date
3 November 2009
Employment effect (start)
1 January 2010
Foreseen end date
30 June 2010
Description
Forestry industry company UPM is cutting its workforce by 830 individuals. These restructuring measures concern plywood mills in Lappeenranta and Heinola, a processing mill in Parkano, and a sawmill in Heinola. The most severe cuts will be in Lappeenranta and Heinola; about 300 jobs are to be eliminated in both cities.
Before negotiations the company planned 870 job loss. Negotiations with the employees started in November 2009. Job cuts will be implemented during the first half of 2010.
The UPM plywood business currently employs around 2,450 people in Finland. The company's timber operations give work to about 900 Finns.
Sources
12 January 2010: www.tekniikkatalous.fi
3 November 2009: www.tekniikkatalous.fi
Citation
Eurofound (2009), UPM, Internal restructuring in Finland, factsheet number 70045, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70045.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
